Shoppers Stop Q1 net loss narrows as premium demand resilient

Shoppers Stop reported an 11.2% year-on-year revenue increase to ₹1,291 crore in Q1FY27.

The company narrowed its net loss to ₹14.3 crore.

Growth was driven by robust beauty sales, wedding season demand, and store expansions.

Premium demand remained resilient during the quarter.